Trending Up: AESE, MVIS, HERO, SNE, ZNGA, ROKT, DENN, GE, MICT, UA, JETS, SAVE, NCLH,
Trending Down: CRON, JBLU, ABNB, DASH, NIO, CAN
Consolidation: PBI, BOTZ, CCL, NKLA, WINRD
Todays notes will be explaining the market and it's signs of growth for majority of the Companies I have listed based on chart patterns. For the month of December, many of the Stocks are tending up. One Stock company in particular has gradually grown from its consolidating patterns into a bullish up trend. Ticker symbol Allied E-Sports Entertainment INC. (AESE). With COVID-19 still creating issues in the economy, many people are still resulting to stay inside and occupy their time with online gaming. This has also been a strong factor for many E-Sport companies within the Tech Industry. (See image link below).
With the hype of Door Dash(DASH) and Airbnb(ABNB) having IPO dates last week, the two tech companies were price up high. However, the two companies ended up falling short into a down trend. Door Dash may end up going up due to the increase of take out, but Air bnb may result in a down trend since traveling is still at an all time low.
Trending Down: CRON, JBLU, ABNB, DASH, NIO, CAN
Consolidation: PBI, BOTZ, CCL, NKLA, WINRD
Todays notes will be explaining the market and it's signs of growth for majority of the Companies I have listed based on chart patterns. For the month of December, many of the Stocks are tending up. One Stock company in particular has gradually grown from its consolidating patterns into a bullish up trend. Ticker symbol Allied E-Sports Entertainment INC. (AESE). With COVID-19 still creating issues in the economy, many people are still resulting to stay inside and occupy their time with online gaming. This has also been a strong factor for many E-Sport companies within the Tech Industry. (See image link below).
With the hype of Door Dash(DASH) and Airbnb(ABNB) having IPO dates last week, the two tech companies were price up high. However, the two companies ended up falling short into a down trend. Door Dash may end up going up due to the increase of take out, but Air bnb may result in a down trend since traveling is still at an all time low.